The Epstein Report: State Subsidies to Attract Corporate Investment Should be Banned

by , posted on Sunday, December 9th, 2012 at 1:41 pm

from The Real News Network

The money thrown at corporations by states to invite investment is a boondoggle that should be ended by federal law.

Gerald Epstein is the Co-Director of the Political Economy Research Institute and professor of economics at the University of Massachusetts-Amherst.

See also:

General Motors pushed hard for tax breaks in Ypsilanti Township, Mich. Some $200 million later, this is what remains,” b Louise Story, New York Times,December 1, 2012

Lines Blur as Texas Gives Industries a Bonanza,” by Louise Story, New York Times, December 2, 2012

Michigan Town Woos Hollywood, but Ends Up With a Bit Part,” by Louise Story, New York Times, December 3, 2012


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